it will be like comcorp... still in bursa bcoz of they don’t get enough shares. Bursa Malaysia will also delist the target in respect of the shares which have been the subject of a compulsory purchase resulting in the bidder emerging as the sole shareholder of the target company. However, in cases where the bidder has not managed to obtain acceptances amounting to 90% of the issued shares of the target held by others prior to the commencement of the takeover offer but has succeeded in making its offer unconditional, it will be necessary for the target to request delisting from the stock exchange, i.e., Bursa Malaysia.
UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM UOB KAY HIAN SECURITIES (M) SDN BHD ON BEHALF OF SPECIAL FLAGSHIP HOLDINGS SDN BHD ("SFHSB" OR THE "OFFEROR")
=============== Proposed Change of Company Name MINDA GLOBAL BERHAD
Proposed company name CYBERJAYA EDUCATION GROUP BERHAD
Remarks : The Board of Directors of the Company wishes to announce that subsequent to the Company's announcements dated 4 October 2022 in relation to the Proposed Change of Name, the Company had on 4 July 2023 received the Notice of Registration of New Name pursuant to Section 28 of the Companies Act 2016 issued by the Companies Commission of Malaysia.
Accordingly, the name of the Company had been changed from " MINDA GLOBAL BERHAD" to "CYBERJAYA EDUCATION GROUP BERHAD" with effect from 4 July 2023.
This announcement is dated 4 July 2023.
============== Take note of TAKE-OVER OFFER and Change Of Company Name (but not effective yet ?)
From Asiamet to Minda.. Minda to Cyberjaya Education group. Enlightened me please as I am a holder too of this stock, I've received letter demanding that I sell the stocks because of the Takeover offer. Should I sell?
After reading in great detail over the conditional take over offer, wow this absolutely baffles me. How does a company of this stature worth 0.07cts only? No way, I am not selling.
I urge other major shareholders not to sell into the conditional take over offer. It's a trap! Many of us bought into this share at 0.14+ just to let it go to the offeror at 0.07cts???!!
Directors and other BOD, go leap and bounds past the offeror price. Force them to pay premium. Don't let them take you out on a free ride which has no real benefits to all of us
takeover ofer yg flagship bgi tu msih nk list kt main market. huhuhu ni msti syiok over the century move. ksi bayar jgn murah sgt. SMRT 2.0 gogogo!!!!!!!!!!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Investing_Bursa
2,374 posts
Posted by Investing_Bursa > 2023-06-13 23:44 | Report Abuse
Don’t accept it